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. john boehner making comments that they also want to work together. but, again, this is the choice that we have been talking about over the last several months. spending cuts, tax increases. >> we should mention that we're also more renewed fears in europe, the greek debt crisis rearing its ugly head. >> absolutely. it's clear that greece cannot pay its bills. now we're thinking, okay, this is another pressure for the u.s. economy. so we're all waiting on some kind of compromise out of washington as well as some stability in europe. but for sure, we'll probably see some volatility going forward. doesn't really mean much, though, long-term. >> i was going to say, let's get some perspective. there was a huge drop after the president's election four years ago. but over the last four years, wall street has been up. >> that's right. over the long-term, you have to look at fundamentals. and the corporate sector right now is very strong. a lot of cash on the balance sheets, longer term earnings should be okay. but over the near term, expect some choppiness. >> maria, thank you. and i know
the house speaker, john boehner. he says he is willing to accept new revenue, but not from higher tax rates on wealthy americans, so where is the compromise here. what is the offering? >> well, exactly. i mean, that's what we were standing what we are several months back. both sides say they want to find common ground and both of them remain dug in over this big issue of taxes. they should have to share the burden of bringing down the dead, and let's listen more of what speaker boehner had to say in his speech yesterday. >>> certainly won't do in a lame-duck session of congress. it won't be solved simply by raising tacks or taking a plunge off the fiscal cliff. >> you mentioned they are open to new revenue, and it's very important where that revenue comes from, and it has to come from the right place. to him the right place is not raising taxes on higher earners, it's tax reform that would lower rates for everyone, and it's economic growth that would bring in more sales taxes and that sort of thing. >> harry reid says this is kicking it down the road, if you will. is there anything that's g
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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